A master plan comprising new housing and business quarter is revealed by Sunderland City Council as part of regeneration at the city centre. The council is planning to reform a 33.2 hectare site present on both sides of the River Wear.
This planning will create the country’s first carbon-neutral urban quarter. It includes 1,000 new homes and office space for up to 10,000 workers. The Riverside Sunderland plan is being associated with a £100m investment commitment from Legal & General.
The investments with a total of £160m are being pledged under this scheme along with another site in the city. As part of the wider Riverside Sunderland regeneration project, three buildings at the former Vaux Brewery site are funded by L&G.
Key features of master plan
- 1,000 sustainable homes to rent and buy, in four riverside neighborhoods
- One million sq ft of modern office space, in a new central business district.
New central business district
- Plans for a library and community hub along with Culture House at a new site in Keel Square
- A new city centre site for a major life sciences/ healthcare facility
- The upgrading of St Mary’s Boulevard into a stylish new main street
- Two new bridges across the River Wear
- Transformation of Galley’s Gill into a landscape park, and new green spaces in the heart of the city.
The plans of Sunderland City Council are already underway while the first wave of projects is moving forward. The current projects include the construction of New City Hall, part of the Fire Station arts complex, and the 450-seat auditorium.